DC Heist - Wall Street Gang Hijacks Washington

[Guest guest]

DC Heist - Wall Street Gang

Hijacks Washington

 

 

 

 

 

 

 

RHINEBECK NY, 22 September 2008 -- On the

evening of September 18th 2008, the American

democratic system was replaced by a financial dictatorship.

 

 

 

 

 

 

What was billed as a "Federal Bailout" was nothing less than

a bloodless coup. The Wall Street Gang had taken over the White House

and

control of Washington. Congress promised

not to resist, and pledged to pass legislation as demanded.

 

 

 

 

Warning that America's financial system was perilously close

to collapse unless immediate action was taken, economic martial law was

declared.

 

 

 

 

The American people were told that from this day forward,

they would be responsible for paying off the bad debt from any failing

private

financial enterprise deemed "too big to fail."

 

 

 

 

Treasury Secretary Henry Paulson, spearheading the coup,

sought unrestricted authority to spend the nation's money as he saw fit.

The first order of business by the

Economic

Czar was to take trillions of dollars of bad debt from crumbling

investment banks

and insurance companies and transfer it to the backs of already

debt-burdened

citizens.

 

 

 

 

"We're talking

hundreds of billions," said Paulson, former CEO of Goldman Sachs, one

of

the "too-big-to-fails." Within days of

the takeover, the number jumped into the trillions. This will put a

"significant amount of taxpayers' money on the line," he said.

 

 

Quick & Clean

 

 

 

In simple language, with cameras rolling, in broad

daylight, the American public was robbed blind.

This wasn't a magic show. There

were no hidden tricks or sleights of hand.

"We want this to be clean, we want

this to be quick," demanded the

Economic Czar. "We need to get this

done quickly, and the cleaner the better," intoned President Bush, with

the

urgency of his "smoking gun that could come in the form of a mushroom

cloud"

logic he used as a pretext to invade Iraq.

 

 

 

"The risk of not

acting would be far higher," Bush said, promising to "work with

Congress to get

a bill done quickly."

 

 

 

 

Having accurately forecast the current financial debacle, we

confidently now forecast that taking swift action will prove - as it

did in

Iraq - far more catastrophic than allowing Wall Street to suffer the

consequences of its greed and mismanagement.

 

 

 

 

Presidential candidate Barack Obama promised to "fully support" the

plan and called on Congress to take "immediate action." Republican

challenger John McCain said he would further review the proposal before

passing judgment while Congressional leaders from both parties have

signed on with their support.

 

 

 

 

Americans were told they would have to pay to rescue the

very companies whose unregulated greed, fraud and recklessness had

created the

crisis in the first place. Considered

nobodies by the authorities, the people had no voice and had no choice.

 

 

 

 

 

"I know of nobody who is arguing over the amount of money or

even about that the secretary ought to have the authority to purchase

these

toxic instruments, these bad debts,'' bowed Senator Christopher Dodd,

the

Democratic chairman of the Banking Committee.

 

 

 

 

Publisher's Note:

If you are a "nobody" who cares about "the amount of money," and does

not

believe "the secretary ought to have the authority to purchase these

toxic

instruments," take action NOW. While

signing petitions or calling the White House or Washington

representatives

often proves fruitless, in this emergency we suggest you call, write,

pester,

hound, and protest.

 

 

 

 

Call your newspaper, radio and TV stations. Talk to

reporters covering the "DC

Heist." Tell them what you think and what

you want. Write

editorials. Use the Internet as a call

to action. Use your imagination, wits

and common sense to have your voice heard and make your will known.

Until

Congress votes on the plan, it is not yet a fait

accompli. Tell them if they vote "yes," you'll vote "no."

 

 

 

 

Trendpost: While

the transfer of "toxic

instruments" from private firms to the national debt will enrich those

companies that once had owned them, the measures taken will do nothing

to keep

the sinking US economy from going under.

 

 

 

 

 

 

The

biggest casualty, besides indentured American servants held responsible

for

paying off the debt, is the US dollar. The greenback's

getting slaughtered on the foreign exchanges and gold

prices, the safe-haven commodity, are once again soaring. As

we previously forecast, we are still

predicting "Gold $2000."

 

 

 

Gerald Celente

Founder/Director, The Trends Research Institute

Publisher, The Trends Journal

Website: www.trendsresearch.com

Telephone: 845.876.6700 - Ext. 4

 

 

 

© MMVIII The Trends Research

Institute

®

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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